TMI BlogDeduction of income of primary Co-operative societies.X X X X Extracts X X X X X X X X Extracts X X X X ..... on (1) shall be— (a) the amount of profits derived from agriculture or agriculture-related activities; and (b) the amount of income derived from any other activity, to the extent it does not exceed one lakh rupees. (3) In this section,— (a) "agriculture-related activities" means the following activities, namely:— (i) purchase of agricultural i ..... X X X X Extracts X X X X X X X X Extracts X X X X
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